Tag: aims

Dogecoin co-founder slams memecoins, DAO aims to buy Denver Broncos, and BTC tourism surges 30% in El Salvador: Hodler’s Digest, Feb. 20-26

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Former Cisco employee launches DAO to buy Denver Broncos A freshly launched decentralized autonomous organization dubbed BuyTheBroncosDAO is aiming to raise enough capital to purchase the NFL’s Denver Broncos for roughly $4 billion.  The project is offering fans of various levels of wealth the…

Read More

Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables – Bitcoin News

sysadmin

[ad_1] Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining machines in Texas. Now, the new partnership secures hosting for all of these machines, to be powered with renewables. Marathon Expands Mining Operations Marathon, one of the largest bitcoin mining companies in the U.S., has announced it will expand its…

Read More

Newly Launched Wallstreetbets Defi App Aims to ‘Take Over Traditional Financial Markets’ – Defi Bitcoin News

sysadmin

[ad_1] At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last few months, but a group that claims to represent the Wallstreetbets community has started a decentralized finance (defi) project called wsbdapp.com. The Wallstreetbets application provides traders with the ability to swap synthetic stocks backed by blockchain tech. Wallstreetbets and Defi:…

Read More

Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users – News Bitcoin News

sysadmin

[ad_1] Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, especially when providing more democratized access to these same offerings. Governance is rapidly becoming the newest area for blockchain’s democratization efforts, and the community is joining the cause. Bitrue, a digital assets exchange, has joined the ranks…

Read More

Venus (XVS) price aims for $100 amid rising TVL and surge in DeFi users

sysadmin

[ad_1] Binance Smart Chain (BSC) has rapidly risen to prominence in 2021 as high transaction costs and congestion on the Ethereum (ETH) network led smaller-size investors to search for cheaper alternatives. One of the top choices to earn a yield on the BSC is Venus (XVS), an algorithmic money market and synthetic stablecoin protocol that provides a lending and borrowing solution for the decentralized finance (DeFi) ecosystem. XVS/USDT daily chart. Source: TradingView Data from Cointelegraph Markets and TradingView shows that the price of Venus catapulted 3,000% in the first two…

Read More

PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance

sysadmin

[ad_1] Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share.  One project that has outperformed the field as of late is PancakeSwap (CAKE), the Binance Smart Chain-based automated market maker (AMM) that allows users to exchange tokens and earn a portion of fees through yield farming. Monthly trading volume on PancakeSwap. Source: Delphi Digital According to a recent report from Delphi Digital, several factors have…

Read More